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Wealth Advisers Collected Over $2bn in Fees From Private Capital Funds
An FT analysis of 16 private capital funds reveals that banks and brokerages received more than $2bn in fees paid to wealth advisers. The findings highlight the significant and largely opaque cost to investors accessing ...
Opinion: Spam, Robocalls and Chatbots Are Here to Stay — Learn to Live With Them
An FT column argues that the 'annoyance economy' — built on spam, robocalls and intrusive chatbots — is a structural feature of modern digital life with no easy fix. The piece encourages readers to develop personal c...
Opinion: Trump's Messianic Self-Image Enabled by Sycophantic Christian Allies
An FT opinion piece argues that the self-styled devout Christians surrounding President Trump function less as genuine spiritual advisers and more as flattering enablers of his belief that he has a divine mandate. The co...
HMRC Ramps Up Investigations Into Unpaid VAT by Large Companies
The UK tax authority has significantly increased the number of probes into unpaid VAT by large businesses as part of a broader effort to close the national 'tax gap'. The surge in investigations signals a more aggressive...
Brussels Recommends Remote Working and Heat Pumps to Tackle Energy Crisis
The European Commission is pushing remote working policies alongside recommendations for heat pump adoption and public transport subsidies as part of its response to Europe's energy crisis. The measures are aimed at redu...
Iran Closely Studying Drone and Warfare Lessons From Ukraine Conflict
Analysis of Iranian military journals reveals that Tehran's armed forces have been carefully examining tactical and technological lessons from the war in Ukraine, with a particular focus on drone warfare. The findings of...
BlackRock Warns European Stocks Vulnerable as Energy Crisis Deepens
BlackRock, the world's biggest asset manager, has reversed its bullish stance on European equities, warning that stocks in the region are no longer cheap and face headwinds from the ongoing energy crisis. The firm had be...
Countries and Companies Unite to Combat Increasingly Sophisticated Scams
Scams have surged in recent years, with fraudsters deploying ever more sophisticated tactics. BBC Business examines how nations and private companies are collaborating on strategies to fight back against the growing thre...
NYC Considers $500M Second-Home Tax Targeting Luxury Units
New York City is floating a proposed $500 million surcharge on second homes and luxury units. MarketWatch reports the measure is seen as a gamble, with concerns that ultrawealthy owners may relocate to lower-tax states, ...
Private Credit Seen as More Stable Than Banks, No 'Lehman Moment' Risk
MarketWatch argues that private credit funds, backed by 65% equity cushions and 10-year investor lockups, are structurally more resilient than traditional banks. Analysts contend the sector's design prevents the kind of ...
Counter-Drone Tech Emerges as Defense Sector's Fastest-Growing Segment
Anti-drone technology has become a priority procurement for government agencies worldwide, from Washington to Riyadh, representing a $20 billion market opportunity. MarketWatch reports most investors are still overlookin...
Big Tech Faces Investor Pressure Over Massive AI Capital Spending
Technology giants are pouring billions into AI infrastructure while investors increasingly demand faster returns, creating a tension between long-term buildout and short-term performance expectations. MarketWatch notes t...
Analysts Offer 'Stay and Play' Strategy to Navigate 2026 Midterm Summer Slump
MarketWatch highlights specific stocks and ETFs positioned to outperform during the historically weak 'sell in May' period, compounded by 2026 midterm election uncertainty. The strategy focuses on staying invested rather...
Treasury Bonds Losing Safe-Haven Status, Threatening Savings and Purchasing Power
U.S. Treasury bonds are no longer reliably shielding investors from inflation, undermining a cornerstone assumption of retirement and income planning. MarketWatch warns that eroding bond stability leaves household spendi...
Burnham Allies Eye Route Back to Westminster Amid Starmer Leadership Questions
Allies of Greater Manchester Mayor Andy Burnham are mapping a potential path for him to return to Westminster following May's local elections, which could reshape Labour's National Executive Committee. The Financial Time...
Reeves Urged to Drop One Fiscal Rule to Fund Long-Term Defence Investment
The Guardian's Phillip Inman argues that UK Chancellor Rachel Reeves is right to fear bond market vigilantes given Britain's debt levels, but contends her commitment to reducing the annual deficit should not delay necess...
Iran Claims Hormuz Control as Trump Pushes for Nuclear Deal
Iran has asserted "strict control" over the Strait of Hormuz and signaled it will not be fully reopened, prompting President Trump to warn Tehran against blackmailing Washington. Separately, the Financial Times reports t...
SantaCon NYC Organizer Charged with Wire Fraud Over Donations
Stefan Pildes, organizer of New York City's annual SantaCon pub crawl, was arrested and charged with wire fraud for allegedly pocketing donations from attendees and host venues. The arrest was welcomed by many New Yorker...
Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home Detailed
In the early hours of April 10, 20-year-old Daniel Moreno-Gama threw a Molotov cocktail at OpenAI CEO Sam Altman's San Francisco home before being arrested within two hours. The attack is being examined in the context of...
Oil Prices Plunge and Governments Scramble as Hormuz Crisis Deepens
Brent crude fell over 9 percent after Iran signaled it would reopen the Strait of Hormuz, only to shut it again amid a US blockade, renewing market volatility. The ongoing Iran war has driven fuel prices to record highs ...